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The idea of regulating cryptocurrencies goes against the very nature of digital assets. The blockchain technology is rooted in its integral characteristic of being decentralized. However, growing incidents of misdoings, scams and hacks are making it hard for crypto to not be regulated. Meanwhile, several countries and international groups have already been working on implementing strict rules in the crypto industry.
Experts believe that the most affected due to regulation would be the top crypto projects. In this context, the G20 nations are coming up with a set of strict crypto regulations. Whether the regulations would actually help the crypto industry grow or rather hamper it will only be seen in the future. Meanwhile, crypto investors are not too keen on regulation as it could mean slowing down of adoption.
